September 21, 2025

OPEC

General OPEC

Nigeria Braces for Economic Pressure as OPEC+ Raises Oil Output

Abuja, Nigeria | September 8, 2025 – Nigeria may face fresh economic strain following OPEC+’s decision to ramp up global oil supply, a move that could further pressure the country’s already fragile revenue base. The oil cartel, which met on Sunday, agreed to increase crude output by 137,000 barrels per day beginning next month. This

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General OPEC

Nigeria Achieves OPEC Output Quota with 1.5 Million Barrels Per Day in June 2025

Nigeria has once again reached a significant milestone in its oil production target, attaining the Organisation of the Petroleum Exporting Countries (OPEC) quota of 1.5 million barrels per day (bpd) in June 2025. This marks the second time the country has met the benchmark this year, the first being in January. According to OPEC’s latest

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